Sourcing

Being strategic and proactive in your sourcing activities is key to expediting time-to-market. Automating processes can improve savings identification, increase collaboration, build stronger supplier relationships and align supplier, corporate and financial goals.

Bottom-line impact starts at the beginning
with strategic sourcing.

Our industry‐leading cloud solutions—rated “Visionary” by Gartner for strategic sourcing applications—give you an uninterrupted flow of information throughout the entire sourcing process. Seamless integration between sourcing, supplier information and analytics empowers you to achieve best value. Totally configurable and scalable, easy to implement and simple to use for rapid adoption. Do more than just run sourcing events: go deeper and convert your activities into actionable decisions. With a solution that rapidly pays for itself.

Nearly one in three CPOs are most likely to invest in
eSourcing over the next 12 months.

3CPOs

Source: Deloitte Global CPO Survey 2016

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Project Management: Peak efficiency, total productivity.

Project management requires unparalleled visibility. By linking everything from planning to execution, you can see (and control) all stages of a project. You don’t just check on timelines, you own them, with advanced sourcing tools for assessing project status and meeting dates.

When you can see the whole process, you’re in total control. By integrating eSourcing efforts as part of wider  strategic sourcing efforts that include spend analysis, supplier management and contract management, you ensure total productivity.

RFx Management: Turning RFx into ROI.

RFx is all about outcomes: drive sourcing efficiencies, supplier optimization and negotiated cost savings. Better outcomes require better inputs. We make it easy, with preconfigured best-in-class sourcing templates that integrate with supplier profiles.

You can easily create RFx events by type (RFI, RFP, RFQ), streamlining RFx-to-award cycles and improving efficiencies in managing supplier events and supplier awards. The outcome? Best-value agreements, every time.

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"66% of all procurement leaders believe that gaining earlier engagement on sourcing projects is the single largest opportunity to unlock more procurement value in the future."

Source: Ardent Partners, CPO Rising 2015: The Agility Agenda

eAuction

e-Auction: A bid for maximum savings.

Auctions are RFx on steroids—eAuctions put the negotiation into the hands of the suppliers and and give you immediate market information at your fingertips in a matter of hours or minutes. To make your competitive sourcing toolbox as robust as possible, leverage sealed bids, Dutch and English auctions, and forward and reverse auctions.

By creating auctions from scratch, or turning your RFPs into auctions, you can drive competitive and open pricing scenarios to identify more savings from suppliers. Real-time competitive bidding assessment makes it easy to compare and achieve direct cost reductions.

Sourcing Visibility Capabilities

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Source: Ardent Partners, The State of Strategic Sourcing 2015: The Four Pillars of Sourcing Success

Bid Analysis & Award: Sourcing simplicity.

You want to reduce spend, but in the most optimized way possible (think supplier relationships and other criteria). That’s why our advanced bid analysis tools take you deeper into supplier responses.

You can analyze bids against constraints and build multiple scenarios, generating more informed insights. Comparing contract awards against select criteria lets you optimize price while spreading risk for various events.

bidAnalysis

Retail Company

"Determine has provided greater transparency within the procurement process. With the eSourcing team often being the only point of contact during the online phase of sourcing projects, Determine’s sourcing technology creates a fair and equal process, consistency of message, project policy flow, and ensures all suppliers have access to the same information."

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Strategic Sourcing Analytics: Get a deep look at productivity.

Looking for the big picture of your sourcing team’s productivity? Get an understanding of how many projects are created annually, know projects by category or project count. Having a sourcing dashboard with the critical information makes it easy to identify opportunity to improve sourcing team efficiencies and areas for opportunity.

Ready to source maximum savings and spend control?

Determine Sourcing is just one of the many solutions running on Determine’s integrated Source-to-Pay platform. By adding more applications, you’ll achieve comprehensive capabilities—and a seamless user experience.

Contact us at 1.877.806.1932 or schedule a live demo today.

Why Determine

Our Holistic Approach

Individual solution insights, big picture view; only we give you both. End-to-end source-to-pay and contract management solutions, Business Process Management engine, advanced analytics, Open API and business network combine full visibility with total control.

Our Pedigree

Our 40+ collective years of pioneering experience provide you with a heritage of innovation and unparalleled depth of capabilities. Determine is truly unique. No other firm out there today can boast the same level of collective experience in strategic sourcing, contract management and procure to pay.

Industry Recognitions

There’s a lot riding on your initiatives, and you want someone with a reputation for getting things done. Recognized by leading analyst firms including the Gartner Magic Quadrant, Forrester Wave and others, we provide you with absolute confidence of solutions that have been vetted by both industry pundits and practitioners.

Our Solutions

Unmatched scalability, configurability, agility. Our suite of source-to-pay and contract management solutions become truly your own through customized applications and seamless integration with whatever systems you’re running.

Our Technology

At the heart of our solutions is the Determine BPM Engine. From enhanced security to dynamic workflow, application integration, audit trail and more, it’s the most powerful tool for you to turn business process complexity into simple competitive advantage.

Our People

We’re a pioneering industry leader because of our people and their unprecedented knowledge base. Many as former practitioners in the field, we know source to pay and contract management best practices better than anyone because we developed them. Just ask the leading companies that turn to us.

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